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Clearwater Analytics Announces Launch of Secondary Offering of Class A Common Stock

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BOISE, Idaho, March 6, 2024 /PRNewswire/ — Clearwater Analytics Holdings, Inc. (“Clearwater” or the “Company”) (NYSE: CWAN), a leading provider of SaaS-based investment management, accounting, reporting, and analytics solutions, today announced that it has launched an underwritten secondary public offering of an aggregate of 16,250,000 shares of the Company’s Class A common stock, par value $0.001 per share (the “Common Stock”). The Company is conducting a resale of Common Stock on behalf of certain affiliates of Welsh, Carson, Anderson & Stowe (collectively, the “Selling Stockholders”). The Company will not receive any proceeds from the sale of the Common Stock by the Selling Stockholders. The underwriter will offer the shares from time to time for sale in negotiated transactions or otherwise, at market prices prevailing at the time of sale, at prices related to such prevailing market prices or at negotiated prices. The Common Stock is listed on the New York Stock Exchange under the ticker symbol “CWAN.”

J.P. Morgan is acting as the underwriter and sole book-running manager for the proposed offering.

Shares of the Common Stock are being offered in this proposed offering pursuant to an automatically effective shelf registration statement on Form S-3 filed with the United States Securities and Exchange Commission (the “SEC”) on March 8, 2023. A prospectus relating to and describing the terms of the proposed offering will be filed with the SEC and may be obtained from: J.P. Morgan Securities LLC, Attention: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY, 11717, telephone: 1-866-803-9204 or email: prospectus-eq_fi@jpmchase.com; or by accessing the SEC’s website at www.sec.gov.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended.

About Clearwater Analytics

Clearwater Analytics (NYSE: CWAN), a global, industry-leading SaaS solution, automates the entire investment lifecycle. With a single instance, multi-tenant architecture, Clearwater offers award-winning investment portfolio planning, performance reporting, data aggregation, reconciliation, accounting, compliance, risk, and order management. Each day, leading insurers, asset managers, corporations, and governments use Clearwater’s trusted data to drive efficient, scalable investing on more than $7.3 trillion in assets spanning traditional and alternative asset types.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management’s beliefs and assumptions and on information currently available to management. Forward-looking statements include information concerning the terms of the proposed public offering, the Company’s possible or assumed future results of operations, business strategies, technology developments, financing and investment plans, dividend policy, competitive position, industry, economic and regulatory environment, potential growth opportunities and the effects of competition. Forward-looking statements include statements that are not historical facts and can be identified by terms such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “aim,” “may,” “plan,” “potential,” “predict,” “project,” “seek,” “should,” “will,” “would” or similar expressions and the negatives of those terms, but are not the exclusive means of identifying such statements.

Forward-looking statements involve known and unknown risks, uncertainties, and other factors, many of which are beyond the Company’s control, that may cause the Company’s actual results, performance, or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. These risks and uncertainties include, but are not limited to, those discussed under “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023 filed with the SEC on February 29, 2024, and in other periodic reports filed by the Company with the SEC. These filings are available at www.sec.gov and on the Company’s website. Given these uncertainties, you should not place undue reliance on forward-looking statements. Also, forward-looking statements represent management’s beliefs and assumptions only as of the date of this press release and should not be relied upon as representing the Company’s expectations or beliefs as of any date subsequent to the time they are made. The Company does not undertake to and specifically declines any obligation to update any forward-looking statements that may be made from time to time by or on behalf of the Company.

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SOURCE Clearwater Analytics Holdings, Inc.

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Sivers Semiconductors Renews Debt Financing with a U.S. Headquartered Bank to Support Growth Strategy

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KISTA, Sweden, May 10, 2025 /PRNewswire/ — Sivers Semiconductors AB (STO:SIVE), a global leader in photonics and wireless technologies, today announced the successful renewal of its debt financing, securing a new three-year term loan with annual refinancing capability. The agreement is in partnership with a U.S. headquartered bank and marks a significant step in the company’s ongoing growth and financial strategy.

The new loan will facilitate refinancing of the company’s existing debt, which was previously scheduled to mature in May 2025. This renewal provides substantially better terms, enhanced financial flexibility and supports Sivers’ ongoing strategic focus and market objectives.

“We are pleased to have established a long-term partnership for our debt financing strategy and working capital needs,” said Vickram Vathulya, CEO of Sivers Semiconductors. “We have secured attractive terms and have aligned interests as we pursue exciting growth opportunities for Sivers’ wireless and photonics businesses.”

In connection with the new loan agreement, the company will issue 3,318,029 warrants to the lender at a subscription price of SEK 4.53 per share. The warrants have a term of five years, providing additional potential for capital raising and aligning the interests of stakeholders with the company’s long-term growth.

This refinancing strengthens the company’s capital structure and underlines the confidence financial institutions have in Sivers’ long-term vision and performance.

For more information, please visit: https://www.sivers-semiconductors.com/.

Media Contact      
Tyler Weiland     
Shelton Group    
Tel: +1-972-571-7834    
tweiland@sheltongroup.com   

Company Contact
Vickram Vathulya
CEO
Tel: +46 (0)8 703 68 00
Email: ir@sivers-semiconductors.com

This disclosure contains insider information that Sivers Semiconductors is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the contact person set out, on May 10, 2025 at 12:00 CET.

Sivers Semiconductors AB

We are Critical Enablers of a Greener Data Economy with Energy Efficient Photonics & Wireless Solutions. Our differentiated high precision laser and RF beamformer technologies help our customers in key markets such as AI Data Centers, SATCOM, Defense and Telecom solve essential performance challenges while enabling a much greener footprint. Visit us at: www.sivers-semiconductors.com.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/sivers-semiconductors/r/sivers-semiconductors-renews-debt-financing-with-a-u-s–headquartered-bank-to-support-growth-strateg,c4148491

The following files are available for download:

https://mb.cision.com/Main/11695/4148491/3440830.pdf

Sivers Semiconductors_Loan PR_ENG_final

 

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SOURCE Sivers Semiconductors

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Topband’s “Cloud-PV-ESS-Charger” Solutions Shine at The Smarter E Europe 2025 in Munich, Innovative Technologies Driving Transformation in the Energy Sector

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MUNICH, May 10, 2025 /PRNewswire/ — The highly anticipated The Smarter E Europe exhibition concluded on May 9 in Munich, Germany. Topband (002139.SZ) made a compelling appearance with its integrated “Cloud-PV-ESS-Charger” solution. With its cutting-edge technologies and system-level innovation capabilities, Topband attracted extensive engagement from industry experts and partners, underscoring its core competitiveness and market appeal in the digital energy sector. The presence further affirmed Topband’s long-term commitment to green energy and its accelerating global expansion strategy.

An End-to-End Product Ecosystem for a Smart, Safe, and Worry-Free Energy Experience

As an innovative leader in digital energy, Topband relies on its core technology system of “1 Cell1Cloud 3S(Cells, Cloud Platform, BMS,EMS, PCS)”, enabling a fully integrated ecosystem that spans cloud services, PV, energy storage, and EV charging system. Topband serves diverse application scenarios including outdoor portable applications, residential energy and C&I energy. Topband is consistently dedicated to developing safe, intelligent, and hassle-free one-stop energy solutions, driving the large-scale adoption of green energy, and genuinely bringing smart energy into every user.

At this exhibition, Topband unveiled its latest liquid-cooled all-in-one C&I energy storage system, powered by high-performance 314Ah lithium iron phosphate (LFP) cells. With high energy density and long cycle life, the system delivers up to 90% charging efficiency and supports parallel expansion. Optimized for peak shaving, dynamic capacity enhancement, and PV consumption, it offers exceptional energy efficiency and delivers the lowest levelized cost of storage (LCOE) for commercial and industrial users.

For EV charging system, Topband showcased its 60kW DC fast charger, supporting dual-vehicle charging with real-time dynamic power distribution. Engineered for outdoor reliability with IP54 protection and an operating range of -20°C to 50°C, it ensures stable performance in various conditions. With OCPP protocol support for seamless cloud integration, it helps urban commercial hubs upgrade their energy services and delivers a smarter, more convenient green mobility experience.

Partnering with SAX Power to Build a Smarter, Low-Carbon Energy Future

During the event, Topband signed a strategic partnership agreement with SAX Power, marking a new chapter in renewable energy collaboration. As a key technology partner of the German railway system, SAX Power brings deep expertise in high-voltage traction networks and lithium-ion energy storage systems. This partnership will integrate Topband’s strengths in “four electrics and one network”, energy storage products, R&D capabilities, and global supply chain with SAX Power’s robust localization capabilities and influence in the European market.

Looking ahead, Topband and SAX Power will join forces to expand internationally, delivering advanced energy solutions to customers across Europe and around the world. Topband looks forward to creating long-term value alongside SAX Power and driving the transformation toward a smart, low-carbon energy future.

Amid the global energy transition, Topband will continue to build on its strong technological foundation and empower global customers with more efficient and intelligent energy solutions—contributing to a greener, more sustainable world.

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SOURCE TOPBAND

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Solavita at Intersolar Europe 2025 – Shaping the Future of Energy

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MUNICH, May 10, 2025 /PRNewswire/ — At this year’s Intersolar Europe, Solavita, the solar energy brand under Skyworth Group, made a strong impression by unveiling new innovations in both commercial and residential energy solutions. Exhibiting a full range of modules, mounting systems, inverters and energy storage systems, Solavita demonstrated growing commitment to driving smarter, more flexible, and sustainable energy systems worldwide.

Launching the 30–50kW Hybrid Inverter for Commercial Projects

Solavita, ranked among the Top 2 Distributed PV Brands in China, proudly introduced new 30–50kW hybrid inverter, designed specifically for commercial solar projects. Built to meet the evolving demands of distributed energy, the inverter brings advanced features that deliver higher efficiency, greater flexibility, and enhanced system protection.

The new hybrid inverter is equipped with up to five MPPTs and supports 2x PV oversizing, maximizing energy capture even in complex rooftop scenarios. On the storage side, it offers three independent 55A battery inputs, supporting both 3-in-1 and separate battery configurations, and is fully compatible with 280 / 314Ah battery— ensuring seamless adaptability across projects.

Engineered for reliability, the inverter delivers 100% unbalanced output and supports 2x rated power input, ensuring stable operation under varying load conditions. It also includes a GEN port, providing more options for diesel generator integration, smart load management, or AC-coupled expansion.

Safety and durability were key design priorities: with smart RSD connectivity, optional AFCI, and an IP66 rating, the inverter is prepared for a wide range of installation environments. Operating at noise levels below 60dB, it’s also a perfect fit for projects with strict noise requirements.

This launch marks another important milestone in Solavita’s mission to deliver smarter, cleaner energy to businesses around the world.

Recognized as a Top Inverter Innovator by EUPD Research

In recognition of the continuous investment in technology and innovation, Solavita proudly received the “Top Inverter Innovator” and “Sustainable Exhibitor” award from EUPD Research during Intersolar Europe. These awards highlight Solavita’s position as a forward-thinking brand delivering trusted, high-performance energy solutions for a sustainable future.

Residential Energy Storage Solutions Take Center Stage

In addition to commercial offering, Solavita showcased its latest residential energy storage solutions, drawing significant attention from visitors through a live teardown demonstration.

The residential portfolio features a 5–15kW hybrid inverter built for adaptability and resilience. With low startup voltage, a wide operating range, rapid on-grid/off-grid switching under 10 milliseconds, and robust surge protection, it ensures uninterrupted and stable energy supply for households. Its durable design supports long-term reliability with minimal maintenance.

Complementing the inverter, Solavita’s high-voltage battery system was also on display. Featuring a modular stackable design, IP65-rated protection, and scalability up to eight modules, the battery system offers homeowners flexibility to expand their storage capacity as needed. Using premium lithium battery cells, the system is engineered for a long service life and dependable performance in all conditions.

With strong showing at Intersolar Europe 2025, Solavita continues to push the boundaries of innovation in distributed energy. Backed by the legacy of Skyworth Group — which also owns well-known brands Metz and Strong in Germany — Solavita is expanding its global footprint, helping more customers achieve smarter, greener, and more sustainable living.

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